4, HORNBEAM CLOSE, NEWPORT, PO30 5FD - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 HORNBEAM CLOSE is a large detached house of 110m², built sometime between 1983 and 1990. It was last sold for £295,000 in October 2018, which was around 7% below the average October 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

4 HORNBEAM CLOSE Sold Prices

Land registry data shows two sales for 4 HORNBEAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 4 HORNBEAM CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 5 OCT	£295,000	£318,164	7% below HPI
2014 11 APR	£232,500	£262,645	11% below HPI

4 HORNBEAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 4 HORNBEAM CLOSE sales from April 2014 and October 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 4 HORNBEAM CLOSE?

4 HORNBEAM CLOSE is 110m² according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 4 HORNBEAM CLOSE lies on this distribution: 65% of detached houses are smaller than 4 HORNBEAM CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Newport.

4 HORNBEAM CLOSE: Plot and Title Map

4 HORNBEAM CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 4 HORNBEAM CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 HORNBEAM CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 HORNBEAM CLOSE?

4 HORNBEAM CLOSE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 4 on HORNBEAM CLOSE.